Weaker euro – stronger dollar seems to be the name of the game.
EUR/USD ended its upward correction Friday and should continue drifting lower, EURJPY same thing, 103.35 crucial support, EURSEK no visible support of importance until 8.98/9.00, EURNOK 7.7340 kind of a watershed support, NOKSEK likely to try it into the broader 1.1595/1630 support, EURPLN back on track higher after its spring bottom, BONDS (Bund (V-bottom) and Note (spring bottom) to trade higher, S&P500 looking for follow through to confirm Friday’s bearish gravestone doji, Oil remaining on top of support.
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http://www.easyforexnews.net/wp-content/uploads/2011/12/TA0512.pdf
Tech team
Skandinaviska Enskilda Banken AB
